News
Credit union membership tops 9,000
THE NUMBER of people in mid and west Wales that save or take loans with their local credit union has topped the 9,000 mark. Between them, they have nearly £5½m in savings and over £3½m in loans.
Vanessa Owens, operations manager at West Wales Credit Union said,
“With Christmas approaching and cold weather adding to the cost of fuel bills, the winter months can be a difficult period financially. It’s good to see people in Mid and West Wales turning to credit unions as a viable alternative to pay-day loans companies or to save with, in the run-up to Christmas and beyond.”
The Welsh Government supports credit unions to encourage for people in Wales to develop a saving habit and to help provide alternative sources of credit to form other higher-cost lenders, such as pay day loan companies.
Wales-wide figures released today show that Christmas savings with Wales’s credit unions has topped the £1m. Over 2000 people have Christmas savings accounts with credit unions in Wales and have put away an average of £515 each since January this year.
Unlike banks and payday loans companies, the maximum interest rates credit unions can set on loans and savings are set out in law. As well as loans, Welsh credit unions also offer regular savings accounts, for both adults and under 18s, and Christmas savings accounts. Across Wales, more than 60,000 people are members of credit unions.
The Minister for Communities and Tackling Poverty, Jeff Cuthbert said:
“More and more people are turning to their local credit union as a way to save and we want to help this sector to continue to grow so that even more Welsh people have the option of saving and obtaining loans at a fairer interest rate.
“The money you save is given in loans to people you have a link with. If you borrow money, the interest you pay goes to the people who save, not to share holders. Either way, the money stays in Wales and is of benefit to other people in Wales.
“Many people are facing tough times and the rise of pay day lenders continues. We are working to help people manage their money in a better way in the hope they never have to turn to such companies. Whilst credit unions are not the sole answer to payday lenders, they integral to people accessing low-cost credit and advice to managing their finances.”
Community
Plan to offer construction and hospitality roles to young people in west Wales
Government invests £820m to tackle rising youth unemployment, with targeted support across south-west Wales
YOUNG people on Universal Credit in West Wales will be offered new training and work experience placements in sectors such as construction, hospitality, and health and social care, as part of a UK Government drive to bring down rising youth unemployment.
The programme – funded from the £820m announced by Chancellor Rachel Reeves in last month’s Budget – will create 350,000 training and work-experience places across the UK, and guarantee 55,000 jobs in areas judged to be most in need from spring 2026. South-west and south-east Wales are among the regions singled out for focused support.
Ministers say the measures aim to move young people aged 16–24 off long-term benefits and into stable work. Almost one million young people across the UK are currently classed as NEET (not in education, employment or training), a figure that has been rising steadily since 2021.
Work and Pensions Secretary Pat McFadden said the new pathways would give out-of-work young people “a fair chance to make something of their lives”. The support will include a dedicated work session for every claimant aged under 25, followed by four weeks of intensive coaching before they are placed on one of six routes: paid work, work experience, an apprenticeship, wider training, classroom learning, or a workplace-based training scheme with a guaranteed interview.
Focus on sectors vital to the West Wales economy
For West Wales – where seasonal work, rural isolation and limited transport links have long affected youth employment – the concentration on construction, hospitality, and social care is likely to be significant. These industries remain major employers across Pembrokeshire, Carmarthenshire and Ceredigion, with businesses regularly reporting difficulties recruiting local staff.
The Herald understands that officials expect more than 1,000 young people nationally to move into jobs within the first six months, with additional programmes promised as the government prepares to publish its national youth strategy.
Political dispute over the impact
The Conservatives accused the Chancellor of “driving youth unemployment up” through recent tax decisions, claiming the new scheme “gives with one hand while taking with the other”. However, ministers insist the investment represents a “downpayment on young people’s future” and will help address the rise in long-term sickness and disability among under-25s – one of the biggest barriers to work.
Further announcements are expected next week, including new details on the government’s pledge to make apprenticeships for under-25s at small and medium-sized businesses completely free.
Business
Extra £2.5m boost for Wales’ creative industries
Funding to strengthen film, TV and publishing sectors
THE WELSH GOVERNMENT has announced a further £2.5 million for Wales’ creative industries, delivering fresh investment for the film and television sector and extra support for publishers facing ongoing financial pressures.
Creative Wales currently supports more than 3,500 businesses, employing over 35,000 people. The latest figures show the industry generated £1.5 billion in turnover during 2023 – up more than ten per cent on the previous year.
The additional funding comes shortly after the Government confirmed £2 million for Bad Wolf to deliver two new high-end TV productions, a move expected to generate £30 million of economic activity in Wales.
Since Creative Wales was launched, the Welsh Government has now committed £33.8 million across 70 productions, resulting in £419.7 million of investment back into the Welsh economy.
Wales’ creative strengths were showcased this week at the Wales Investment Summit, and again on Friday when the British-Irish Council placed “Creative” at the centre of its discussions.
Culture Minister Jack Sargeant said Wales had every reason to be proud of its creative talent.
He said: “The creative industries are a real success story for Wales. Whether it’s actors, storytellers, musicians, animators or games developers, our creative industries consistently put our nation on the global stage.
“Not only is the industry an important economic driver, but we are fostering the next generation of creatives by incentivising training and apprenticeship opportunities. We are committed to nurturing talent, supporting creative businesses and encouraging the creation of high-quality content that stands tall among other countries.”
Charity
Coastwatch station at Wooltack Point appeals for volunteers to expand cover
Pembrokeshire’s only NCI lookout seeks more recruits to move to seven-day operation
HIGH above the coastline at Martin’s Haven, on the edge of the National Trust’s Deer Park, stands NCI Wooltack Point – the county’s sole National Coastwatch Institution station. Many visitors mistake it for a birdwatching shelter, but the team of trained volunteers inside plays a far more critical role.
From this exposed position they have a clear view over Jack Sound, the narrow and notoriously fast-flowing stretch of water between the mainland and Skomer Island. Tidal races here can reach 4–5 knots, drawing in kayakers, pleasure craft, walkers and wildlife spotters and creating conditions that change in moments.
The station is currently open five days a week, from Friday to Tuesday. The ambition is to extend cover to seven days, but that depends entirely on recruitment. With a small local population and the challenges of such a remote site, finding enough volunteers has never been easy.
Wooltack Point’s responsibilities differ from many other NCI stations, which are often based above busy beaches. Here, watchkeepers concentrate on offshore activity, using telescopes and binoculars to track boat movements, monitor the tide races and log anything out of the ordinary. They also keep a careful watch on the cliff paths, which attract large numbers of walkers and photographers. Visitors edging too close to the drop for a better view of seals, or dogs chasing seabirds towards the cliff edge, are among the recurring risks the team monitors.
The station operates to HM Coastguard standards, passing on information and assisting during live incidents. Volunteers also work alongside search and rescue teams and, where needed, the Border Force, providing what local managers describe as “an extra pair of eyes on a difficult stretch of coast”.
Running the facility is not cheap. With no government funding, the station must raise between £6,000 and £7,000 every year simply to keep the doors open. That covers communications, maintenance and essential equipment. Donations from local businesses, collection boxes and community fundraising efforts are what sustain the operation.
Access to facilities was once a barrier to recruitment, but the recent installation of a toilet has made longer shifts more manageable and has already encouraged new sign-ups.
No previous maritime experience is required. New volunteers receive full training at their own pace, beginning with an online course covering navigation basics, tides and chartwork, before progressing to supervised sessions at the station. Practical skills include logging procedures, emergency response and risk assessment. A fully funded VHF Radio Operator’s Licence is also available. Volunteers stress that no one is left to stand a watch alone until they feel completely ready.
The station holds optional training twice a month as well as informal social meet-ups, helping build confidence and maintain skills.
Phil, the deputy station manager, joined four years ago after retiring. “I always wanted to help on the lifeboats but never had the time,” he said. “This is my way of giving something back – and maybe being there on the day someone really needs us.” While there is always routine work to do, he adds: “A quiet lookout is a good day. It means everyone’s safe.”
NCI Wooltack Point is inviting anyone with spare time – whether weekly or occasionally – to get involved. More volunteers mean more hours covered, and a safer coastline for everyone who visits this dramatic corner of Pembrokeshire.
Those interested can contact the station through its website or Facebook page.
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